Most European banks fared well in a stress test conducted by financial regulators, though Deutsche Bank and RBS posted numbers near the bottom of the pack, and the world’s oldest bank reported data that showed it might not survive a deep economic downturn, according to results released Friday.
The European Union announced Thursday that it is imposing anti-dumping duties on more Chinese steel imports amid continued complaints from Europe and elsewhere of a glut of Chinese steel flooding world markets.
Ranking high among the litany of challenges plaguing the United Kingdom as it prepares to exit the European Union is its considerable lack of trade negotiators and other critical personnel, a problem that experts stressed will need to be tackled immediately to craft meaningful new trade policy.
It's now up to the Federal Energy Regulatory Commission to decide whether to approve Exxon Mobil Corp. and state-run Qatar Petroleum International's proposed $10 billion Texas terminal expansion project to export liquefied natural gas after commission staff on Friday finalized a review concluding that any environmental impacts could be minimized.
China’s high-tech companies, especially military suppliers, are pouring money into research, quickly catching up to their U.S. counterparts and looming as fierce competitors over the next decade, according to new research from the University of California.
A Taiwanese company Wednesday asked the U.S. Court of International Trade to overturn a U.S. Department of Commerce decision placing an anti-dumping tariff on its steel product imports.
JetBlue Airways announced Thursday it will become the first U.S. airline to make U.S.-Cuba flights in more than 50 years, saying it will begin flights to the island at the end of next month.
A Minnesota federal judge certified a class of shareholders who claim a specialty tile retailer misled investors about its intertwined professional and personal relationships with an exporter and a supplier in China, ruling Thursday that the shareholders reasonably relied on the market for share price information.
Republican presidential nominee Donald Trump on Wednesday reiterated his plan to levy import taxes on Ford Motor Co. should it open a $1.6 billion manufacturing plant in Mexico, though the tariffs he floated were lower than those he suggested three months ago, when the carmaker announced its plans.
The U.S. Environmental Protection Agency on Wednesday unveiled a final rule regulating formaldehyde vapors from domestic and imported composite wood products, saying it worked with California regulators to keep the national regulations consistent with California’s.
A program meant to boost the Dominican Republic’s apparel exports to the U.S. is not yielding sufficient results after seven years, prompting stakeholders to call for an expansion of the program’s members, according to a U.S. International Trade Commission report Thursday.
The World Trade Organization fight over Chinese export charges on raw materials used to manufacture cars, planes and electronics attracted more interest Thursday as Canada hopped aboard as an observer to cases launched by the U.S. and European Union.
A bipartisan group of 14 lawmakers on Wednesday joined the fray surrounding the Obama administration’s recent expansion of products eligible for tariff cuts under the Generalized System of Preferences, calling for those benefits to be expanded to cover travel goods.
The U.S. Commodity Futures Trading Commission announced a proposal Wednesday to amend and simplify its rules for the registration of foreign commodities intermediaries, exempting foreign brokers from registration if they are acting solely on behalf of international customers.
A U.S. Court of International Trade judge on Wednesday upheld most of the Commerce Department’s final results in an anti-dumping case involving fresh garlic from the People’s Republic of China.
The Indian government on Wednesday approved raising the foreign shareholding limit from 5 percent to 15 percent in Indian stock exchange companies, marking the country’s latest effort to boost international appeal of its capital markets.
The U.S. Department of State published rule revisions on Wednesday that are meant to make the export control guidelines clearer and potentially less onerous for businesses that deal with materials that may have military applications.
Exports of U.S. food products to Cuba in May dipped 27 percent from last year despite the Obama administration’s moves to free up trade with Havana, according to an industry report circulated on Tuesday.
The European Commission on Wednesday tapped former French Foreign Minister and Internal Market Commissioner Michel Barnier to lead its negotiations with the United Kingdom as the U.K. prepares to exit the European Union.
While the details of the United Kingdom’s future trade policy are still up in the air as it exits the European Union, the government sought to improve its engagement with the U.S. on Tuesday as it announced the opening of trade offices in California, Minnesota and North Carolina.
The different outcomes for BK Medical and Johnson Controls in recent Foreign Corrupt Practices Act settlements suggest that the U.S. Department of Justice is serious about rewarding full cooperation as it has defined the phrase in its “pilot program,” say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
Recent headline-grabbing data security incidents have shed light both on direct and collateral impacts to companies and their employees. Attorneys should take steps to ensure that their role in the conduct of litigation does not in itself lead to similarly damaging disclosures of sensitive information, say Dante Stella and Sherrie Farrell of Dykema Gossett PLLC.
The last six months offer important lessons about the scope of sanctions relief that the U.S. and other countries provided to Iran in exchange for curtailing its nuclear program. Attorneys at Ropes & Gray LLP discuss the willingness — and unwillingness — of companies and financial institutions to engage with Iran in this new regulatory environment.
The Freddie Gray case and the U.S. Supreme Court ruling regarding former Virginia Governor Robert McDonnell demonstrate how the government replaces juries, eliminating an important community decision maker and a check on governmental power, says Professor Suja Thomas of the University of Illinois College of Law.
While the Defend Trade Secrets Act offers both monetary and injunctive relief, the U.S. International Trade Commission offers trade secret owners jurisdiction over foreign companies and a speedier remedy, say Paul Ainsworth and Stephanie Nguyen of Sterne Kessler Goldstein & Fox PPLC.
Because there will never be enough free lawyers to satisfy demand from low-income Americans, we need to leverage technology to allow the legal expertise of one lawyer to reach hundreds or thousands of clients at once, say Jonathan Petts and Rohan Pavuluri, co-founders of startup nonprofit Upsolve.
While there is not much that is new about the uniform bar exam’s components, what is new is that where you take the bar exam may make the difference between passing and failing. Half of the score depends on the strength of the applicant pool in the jurisdiction where the candidate wrote the exam, which may lead to “UBE shopping,” says Suzanne Darrow-Kleinhaus, director of bar programs at Touro Law Center.
The U.S. Department of Justice's recent decision to close its Foreign Corrupt Practices Act investigation of Johnson Controls without charges provides a glimmer of hope that self-disclosure under the so-called pilot program might just be worthwhile, says William Steinman of Steinman & Rodgers LLP.
We in Missouri do not take lightly to new trends or frothy ideas. Yet, the uniform bar exam has allowed us to meet the challenges of an increasingly mobile legal profession and the changing needs of clients, and to ensure that a newly admitted attorney has the knowledge, character and fitness to practice in the Show-Me State, says Jim Nowogrocki, president of the Board of Law Examiners in Missouri — the first state to adopt the UBE.
Brexit has presented increased opportunities for investment in the U.K. commercial real estate market and while there is some uncertainty regarding value, lenders are still making funds available for real estate acquisitions and development, says Michael Speranza at Katten Muchin Rosenman UK LLP.